News: The Milwaukee Bucks have waived Sanders, who has been out since Dec. 23 for personal reasons.

Impact: Sanders was suspended by the NBA Jan. 16 for violating the league's drug policy. He was listed as ''not with team - personal'' for Milwaukee's Feb. 11 game against Sacramento, an indication his suspension ended.

Rotowire: Feb 21 / 4:21p ET

News: Sanders (personal) and the Bucks have agreed to terms of a buyout, Yahoo! Sports reports.

Impact: According to a report earlier this week, Sanders accepted a deal that will pay $15 million of the $36 million remaining on his contract, with the remainder to be paid over the next seven years per the NBA's stretch provision. He'll now focus on his personal issues, meaning an NBA court isn't a consideration for the near future. Meanwhile, the Bucks will continue to entrust John Henson and Zaza Pachulia with center duties.

Rotowire: Feb 18 / 9:41a ET

News: Sanders and the Bucks are close to finalizing a buyout, TNT's David Aldridge reports.

Impact: While nothing is official, the two sides are believed to have a deal in place that would buy Sanders out of the remaining $36 million on his contract. According to reports, Sanders will accept a deal that will pay him just $15 million, which the Bucks will stretch over the next seven years to minimize cap impact. The figures could still change, but at this point Sanders time with the Bucks appears to be over, and it's unclear what the future holds for the embattled big man.

Rotowire: Feb 17 / 9:51a ET

News: Sanders (personal) and the Bucks continue to work toward a buyout, Sam Amick of USA Today Sports reports.

Impact: While nothing is set in stone at this point, the belief is that the two sides are moving toward an agreement that would buy the embattled center out of his four-year, $44 million deal. Details remain sketchy surrounding his absence from the team, but it appears his tenure with the Bucks could be coming to a close within the near future. Sanders has appeared in 27 games this season, making 26 starts, after injuries and a suspension limited him to just 23 games in 2013-14.

Rotowire: Feb 16 / 6:26a ET

News: Sanders and the Bucks have started discussions to buy out the remaining three years of his contract, ESPN.com reports.

Impact: Having played in just 50 games since signing the contract prior to the 2013-14 season, Sanders has been a disappointment on and off the floor for the Bucks. An enigmatic talent, Sanders was most recently suspended 10 games for violating the league's anti-drug program. Regardless of whether the two sides can agree to a buyout, it's expected that Sanders has already played his last game in a Bucks uniform.